Old Pipe, New Cash Flow🚰

Put CDZI back on watch immediately...

June 02, 2025

This one's wild — an old-school water company sitting on a freshwater goldmine under the Mojave Desert is finally about to go live. Multi-million-dollar pipeline projects, green hydrogen, and a tribal investment partnership? Yeah, you're gonna want to check this out.

TODAY’S TOP ALERT! 

Cadiz Inc.  (Nasdaq: CDZI)

👉  CDZI is TODAY’S #1 ALERT 👈

Hey folks, Jeff Bishop here,

We just closed out the best month for the Nasdaq and S&P 500 since November 2023 as the trade war recovery powers on.

It’s a very exciting time to be in the markets, especially if you’re hunting down stocks you think will outpace the recovery.

My “tactical trade” idea today has done just that. It’s a stock I’ve alerted several times — first in early September 2024…

It had a really nice run-up into January, when it peaked 87% higher than my initial alert.

Go ahead and pull up Cadiz Inc. (CDZI) on your trading platform.

You’ll see that the stock pulled back a good bit starting in February as trade war fears crept in.

But it began recovering April 9 along with the rest of the markets, and it’s now up 38% from its April low, doubling the S&P 500’s 19% bounce-back since that time.

The stock staggered a bit in mid-May, but since May 21, it’s enjoyed a 14% rally.

I really like the fundamentals of this company, but with that momentum behind it, I think it’s well worth paying close attention to CDZI today.

👉  CDZI is TODAY’S #1 ALERT 👈

The company has been around for a while, but only now is it on the cusp of going live with major projects that have been decades in the making.

CDZI is a Los Angeles-based water infrastructure company that was founded in 1983 in Cadiz, California.

Cadiz — the company’s namesake — is an unincorporated town in the Mojave Desert, an area so arid that it was used as testing grounds for the Mars Rover.

On the surface, it’s an unusual place for a water infrastructure company…

Except that beneath the surface is an aquifer that stores 30–50 million acre-feet of freshwater, greater than the full capacity of nearby Lake Mead — America’s largest surface reservoir.

The company owns 45,000 acres, 9,600 acres of which it calls Cadiz Ranch. It’s the largest agricultural operation in San Bernardino County.

For 40 years, CDZI has operated the agricultural development, featuring citrus, grapes, melons, peppers, and squash.

But CDZI’s biggest aspiration is to provide clean, affordable drinking water to nearby communities, and it has been partnering with water agencies, local governments, and community leaders to pull that off.

The company lays out its mission in an epic, cinematic video that I highly recommend watching.

The idea is to intercept the flow of water as it travels from nearby mountain ranges and passes through nearby Fenner Gap — before it reaches hypersaline dry lakes, rises to the surface, and quickly evaporates.

From there, CDZI plans something it says will be “first in the world” — a conversion of oil and natural gas pipelines to convey the water.

There is already an extensive network of pipelines nearby (here is an interactive map).

In 2014, CDZI purchased a 220-mile section of pipeline (the “Northern Pipeline”) that runs next to Cadiz’ aquifer that it says can be “easily converted to safely and efficiently move water.”

The pipeline “will connect not just to water-scarce communities along its path, but also to the State Water Project’s California Aqueduct, a major source for all southern California.”

Additionally, the company is planning to build a 43-mile “Southern Pipeline” which will connect to the Angeles Tunnel aqueduct branching off the Colorado River.

These pipelines can be used not just to supply water, but to store it.

Southern California has notorious drought problems, and the Cadiz aquifer has room to store at least 1 million acre-feet of water in times of excess, making it “the largest new groundwater storage bank in the Southwest.”

To put that in perspective, that’s enough storage to supply two million households.

Last August, the company that “it has secured water purchase agreements for 85% of capacity of the Company’s ‘Northern Pipeline.’”

That amounts to 21,275 acre-feet of water per year, and the company said it “expects to receive net revenue of approximately $850 per AF in 2024 dollars for water purchased under the agreements.” That comes out to more than $18M per year.

CDZI said the agreements “will enable the Company to secure third-party capital to begin construction of the [Northern Pipeline] Project.”

It projects construction on that project to begin in Q3 this year, with estimated completion in Q4 2026, “at which point the Northern Pipeline would begin water conveyance.” 

The company also expects construction on the Southern Pipeline to begin in Q1 2026, and for that to be completed/to begin water conveyance by Q1 2028

In November, CDZI announced the purchase of 180 miles of steel pipe from the terminated Keystone XL pipeline which it will repurpose to expand the company’s pipeline network. 

That’s critical because the pipeline is not subject to steel tariffs, which President Trump just announced he’s doubling to 50%.

Later that month, it signed a Letter of Intent with the Lytton Rancheria of California to invest up to $50 million in the project. CDZI notes that “Lytton’s investment would be the first major investment by a Native American Tribe in large-scale water infrastructure off tribal lands in U.S. history.”

But the biggest announcement came on March 4 when the company revealed “the pivotal milestone we’ve been working towards” — a Letter of Agreement with a lead investor to put $175 million into the project.

The company said it expects “the Lead Investor, along with other qualified investors, including the Tribes, to provide up to $401 million of equity capital to acquire assets and fund construction of Mojave Groundwater Bank facilities.” [emphasis added]

There’s more to the deal, so I encourage you to read the announcement in full.

Beyond agriculture and water supply, in 2022 the company acquired ATEC Systems — a water filtration company — for about $2 million.

The LA Business Journal said that the goal was “to secure a consistent revenue stream for Cadiz” and indeed, the company projected $15 million in revenue from ATEC in 2024.

The company has received orders outside California, including from Oregon, Wisconsin, Nevada, and Washington state.

On October 23, CDZI revealed a partnership with RIC Energy to build California’s largest green hydrogen facility at Cadiz Ranch.

Under the agreement, “Cadiz will supply land and water to RIC Energy for the creation of industrial quantities of 100% green hydrogen using solar energy.”

The facility will use “photovoltaic (PV) solar for its power supply on up to 3,000 acres of the Cadiz Ranch,” and at full capacity, it will “produce 50,000 kilograms of hydrogen per day to fuel zero-emission trucks and cars.”

In a shareholder letter released May 5, CDZI Susan Kennedy noted that $20 million equity raise the company completed in March “to cover capital costs and development expenses in 2025.”

In October, the firm B.Riley Financial reiterated a 12-month price target of $15 on CDZI — 409% above Friday’s closing price.

And just last month, Roth MKM initiated a BUY rating on CDZI with a $10 price target, which is 239% higher than Friday’s closing price.

I’m truly just “scratching the surface” of this company, and I really encourage you to do your own research on it. Here are a few things to get you started:

  • Another well-produced video on “The Science” behind the company

  • And another compelling one on the humanitarian side of the company

  • This aerial survey of the Cadiz property and aquifer

  • This slick investor presentation released just two weeks ago

  • This interview of CEO Susan Kennedy on Bloomberg BusinessWeek Radio

  • The company website, which is blessedly intelligible and informative

As always, be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. 

Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

Bottom line: CDZI is a company on the march. It has recently diversified its revenue streams and is on the cusp of going live with major projects that have been decades in the making.

Its stock has bounced 38% from its April low, including a 14% bounce since May 21.

Keep this rockstar stock at the top of your watchlist today to see if the momentum keeps up!

To Your Success,

 

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*Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call “typical.”

Just a quick heads up about this ad you're reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received fifteen thousand dollars (cash) from West Coast Media for advertising Cadiz Inc for a one day marketing program on June 2, 2025. Before this, we received fifteen thousand dollars (cash) from West Coast Media for advertising Cadiz Inc for a one day marketing program on March 6, 2025 and we also received fifteen thousand dollars (cash) from West Coast Media for advertising Cadiz Inc for a one day marketing program on January 13, 2025, we also received fifteen thousand dollars (cash) from West Coast Media for advertising Cadiz Inc for a one day marketing program on December 19, 2024.  Prior to that, we received fifteen thousand dollars (cash) from West Coast Media for advertising Cadiz Inc Inc for a two day marketing program on November 25-26, 2024, we also received twenty five thousand dollars (cash) from West Coast Media for advertising Cadiz Inc Inc for a one day marketing program on November 15, 2024 we also received twenty five thousand dollars (cash) from West Coast Media for advertising Cadiz Inc Inc for a two day marketing program on September 5-6, 2024. This was paid by someone else not connected to Cadiz Inc Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.

Now, diving right into Cadiz Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.

Oh, that brings us to another crucial point—we're not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.

Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who's licensed to give you real advice. To be clear, 

Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization.

So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture.